Want to make a deal on a short sale?
When a seller is upside down on their mortgage payments, it's becoming increasingly common for the lender to agree to a short sale, whereby the lender agrees to release the mortgage for an amount less than what's due. If you have questions regarding real estate in Jacksonville, North Carolina, contact me here or e-mail me
Are short sales good deals?
Occasionally. Many people hear the phrase "short sale" and routinely think of a seller that is in financial trouble and needs to sell their home promptly to avert further financial problems. This is occasionally the case and can be an opportunity for a buyer to do well from another's misfortune. Alternatively, a lender may consider a short sale even if the seller isn't delinquent with their payments, but property values have fallen. In these cases the reduced price may in fact be in line with true market values, not below.
What's involved in buying a short sale?
When it is time to buy, whether it's a short sale or a typical home sale,
Choice Jacksonville Realty is available for you. Use my experience and knowledge of real estate to feel confident you're getting a fair deal and are protected during the whole matter.